The Artificial Intelligence In Security Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Artificial Intelligence In Security Market:
According to The Business Research Company’s Artificial Intelligence In Security Global Market Report 2024, The artificial intelligence in security market size has grown exponentially in recent years. It will grow from $22.7 billion in 2023 to $27.76 billion in 2024 at a compound annual growth rate (CAGR) of 22.3%. The growth in the historic period can be attributed to increased cybersecurity threats, rising adoption of cloud computing, proliferation of internet of things (iot) devices, shortage of cybersecurity professionals, expansion of e-commerce and online transactions.
The artificial intelligence in security market size is expected to see exponential growth in the next few years. It will grow to $62.13 billion in 2028 at a compound annual growth rate (CAGR) of 22.3%. The growth in the forecast period can be attributed to awareness of the importance of cybersecurity, emphasis on zero trust security models, rise in insider threats and data leaks, escalation of advanced persistent threats, growing need for automated security solutions. Major trends in the forecast period include advancements in machine learning algorithms, integration of ai in next-generation firewalls, integration of ai in autonomous cybersecurity operations, integration of ai in endpoint security, ai-driven behavioral analytics for threat detection.
The increasing risks of cyberattacks are expected to propel the growth of artificial intelligence in the security market going forward. A cyberattack is any attempt to gain access to a computer, computing system, or network to cause harm. Phishing is a type of cybersecurity attack where users are tricked into installing malware, disclosing personal information, and putting themselves or their companies at risk of criminal activity. Organizations trying to strengthen their defenses and react to changing threats and cyber-attacks encourage the demand for advanced artificial intelligence security solutions as they use methods for protecting data, such as encryption, anomaly detection, and behavior analysis. For instance, in June 2022, according to the Anti-Phishing Working Group, a US-based independent counter-e-crime association, in the first quarter of 2022, the Anti-Phishing Working Group recorded a total of 1,025,968 phishing attacks, a 15% rise from the fourth quarter of 2021, where 888,585 attacks were reported. Therefore, the increasing risks of cyberattacks drive the growth of artificial intelligence in the security market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12703&type=smp
The artificial intelligence in security market covered in this report is segmented –
1) By Component: Services, Software
2) By Solutions: Identity And Access Management (IAM), Risk And Compliance Management, Encryption, Data Loss Prevention (DLP), Unified Threat Management (UTM), Antivirus Or Antimalware, Intrusion Detection Or Prevention System (IDS Or IPS), Other Solutions
3) By Deployment: On-Cloud, On-Premise
4) By Security Type: Network Security, Application Security, Cloud Security, Endpoint Security , Other Security Types
5) By End-Users: Enterprise, BFSI (Banking, Financial Services, And Insurance), Government And Defense , Retail, Healthcare, Manufacturing , Automotive And Transportation, Infrastructure, Other End-Users
Advancements in technology are a key trend gaining popularity in the artificial intelligence in security market. Major companies operating in artificial intelligence in security markets are adopting advanced technologies to sustain their position in the market. For instance, in March 2023, Microsoft Corporation, a US-based technology corporation, launched Security Copilot, an AI-powered cybersecurity assistant tool. This innovative tool is designed to help professionals identify breaches and threat signals and better analyze data. The new device contains Microsoft’s cybersecurity-specific training model, which incorporates 65 trillion daily alerts and the company’s worldwide threat intelligence. Security Copilot can provide direction and context regarding potential dangers based on questions and prompts from infosec professionals in minutes instead of hours or days.
The artificial intelligence in security market report table of contents includes:
.
.
.
Top Major Players:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Overview and Scope Lab automation in drug discovery refers to the use of advanced technologies…
Overview and Scope Four-dimensional (4D) imaging radar refers to a high-resolution, long-range sensor technology that…
Overview and Scope Hydroelectric power generation is a method of generating energy by utilizing flowing…
Overview and Scope Fluorescence microscopy refers to a powerful imaging technique used in biology and…
Overview and Scope Legal practice management software is a comprehensive system designed to assist law…
Overview and Scope Network traffic analysis solutions refer to tools and techniques used to monitor,…